02:25 PM EST, 11/13/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our target price at USD200, 29x 2026 EV/EBITDA (peer average: 14x), reflecting our projected above-peer two-year EPADS CAGR of 208% in 2026. We see a sustainable path to earnings growth for Sea. In our view, the progressive net margin improvements since Q2 2024, along with sustained strong revenue growth momentum, affirms Sea's ability to achieve both revenue expansion and profitability gains, a shift from the previous trade-off between the two. We project improving business economics to continue supporting profitability enhancements in 2026. Provided Sea continues to deliver Y/Y profit growth, we think Q/Q earnings fluctuations due to business investments are not a cause for concern. We lower our 2025 EPADS forecasts to USD2.41 from USD2.91 and 2026's to USD3.09 from USD3.72, reflecting ongoing investments by Shopee's (Sea's e-commerce business) to enhance its fulfillment capabilities, which are essential for maintaining buyer satisfaction and improving cost efficiency.